Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV (p)

1663.00

Share Price (p)

1446.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 90.30%
Mercantile (Ordinary Share) NAV 83.02%
FTSE 250 ex Inv Trusts 80.28%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1435.0p -13.7% 1663.00p 1636.00p
17 Dec
112% 2.79%

Discrete performance % over

Fund / BenchmarkJan '12
Dec '12
Jan '13
Dec '13
Jan '14
Dec '14
Mercantile (Ordinary Share) Price36.4140.70-0.85
Mercantile (Ordinary Share) NAV35.3730.933.26
FTSE 250 ex Inv Trusts32.0530.744.42

Discrete performance over

Discrete Performance

Top 10 Holdings

Barratt Developments PLC 2.13%
FirstGroup 1.91%
Berkeley Group 1.91%
SSP Group 1.80%
Rexam 1.80%
Catlin Group Ltd 1.80%
Synergy Healthcare Plc 1.69%
Dixons Carphone 1.69%
Jardine Lloyd Thompson Group 1.69%
Cobham Plc 1.69%

Sectors weighting

Consumer Services 23.90%
Finance - General 23.20%
General Industrials 21.10%
Net Current Assets 10.80%
Consumer Goods 9.10%
Healthcare 3.90%
Technology 3.80%
Oil & Gas 1.60%
Telecommunications 1.20%
Utilities 1.00%
Materials 0.40%

Regional weighting

UK 89.00%
Cash/Cash Equiv. 11.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 1446.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 98
  • Market Capital (£M) 1409.71
  • Gross Assets (£M) 1834.46
  • Net Assets (£M) 1633.28
  • TER (%) 0.51
  • Historic Dividend Yield (%) 2.79
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 04 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1993
  • Management Contract & Fees:

    Management agreement with JPMorgan Asset Management terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.